Material Insights · Understanding the Material World

Heat pumps, air conditioning and refrigeration and Hydrofluoric acid

Their prices have moved together.

Heat pumps, air conditioning and refrigeration (energy) and Hydrofluoric acid (chemical): 1 relationship.

How they are linked

1. Price link: end-use demand

Cost and price · Moderate · Both ways

Air conditioners and heat pumps use fluorinated refrigerants, so cooling demand drives the acid market. The equipment index correlates at 0.21 for monthly moves and 0.60 for yearly moves, mostly a shared US industrial cycle.

  • 0.21 monthly change correlation
  • 0.60 12-month change correlation
  • 0.52 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.